JPMorgan Chase earned a record $48.3 billion in 2021, but profit in the fourth quarter fell 14% as some of the forces that pushed bank results higher have started to weaken.5 min read
U.S. retail spending and manufacturing fell at year-end as the Omicron variant and inflation surged, early signs that the latest complications of the pandemic could be weighing on the economy.2746 min read
Google misled publishers and advertisers for years about the pricing and processes of its ad auctions, creating programs that deflated sales for some companies while increasing prices for buyers, according to newly unredacted allegations in a lawsuit filed by states.706 min read
The imprisoned former pharmaceutical executive was ordered to pay nearly $65 million after a federal court found that he engaged in illegal and monopolistic behavior.3 min read
The streaming platform’s standard plan for U.S. users now costs $15.49 a month, up from $13.99.2 min read
Russia has deployed operatives to undertake a “false flag” operation in eastern Ukraine that would fabricate a pretext for invading the country, the White House said, warning it saw signs an invasion could come in a matter of weeks.1163 min read
The late Dolph Briscoe Jr., once known as the state’s largest individual landowner, thought he had ensured his legacy. He didn’t account for bad blood, and tragedy.155Long read
Orders will be limited to four Covid-19 tests per residential address and will ship within 7-12 days after ordering, the White House says.4 min read
Some industry leaders are requesting enforcement leniency to avoid losing more workers, concerned that mandating Covid-19 shots in line with the Supreme Court ruling could worsen staffing shortages.825 min read
Court rules the new map violated a 2018 ballot measure to prevent gerrymandering.3 min read
Organic compounds found in the 4-pound rock weren’t left there by living creatures, but were formed by water, findings show.3 min read
Letter From the Publisher
Columnists
Business & Finance
Sarah Bloom Raskin, President Biden’s nominee to become the Fed’s top banking regulator, could run up against Republican pushback over her position on using financial regulation to address risk from climate change.5 min read
A local Chinese regulator and state media highlighted this week a roughly $50,000 fine the company paid last year, keeping a spotlight on the U.S. retailer.3 min read
Chris Kempczinski is navigating the pandemic’s upheaval and political issues while seeking an alternative to the “billions and billions served” experience at the restaurant chain.888 min read
The move, which sparked a 10% surge in dogecoin, marks a return for the electric-vehicle maker to acceptance of digital currencies for some payments.2 min read
The Federal Communications Commission’s most recent auction of wireless spectrum licenses will require military cooperation.3 min read
U.S.
Parts of the Midwest are expected to get several inches of snow as a fast-moving winter storm system moves across the region and into the Mississippi Valley.3 min read
Three lawmakers sent a letter to companies that develop online degree programs for universities and requested information about their recruiting tactics and contracts with universities.3 min read
The possible reversal comes as the Justice Department is reviewing its initiative to counter Chinese government activities in U.S.4 min read
World
Some Uzbeks have taken up arms in the country’s north, complaining of discrimination amid economic collapse.3 min read
Australia canceled Novak Djokovic’s visa for a second time, with immigration minister Alex Hawke saying it was in the public interest.5 min read
The British monarchy sought to insulate itself from scandal of Prince Andrew’s ties with a convicted sex offender Jeffrey Epstein, but it may prove difficult to distance itself from Queen Elizabeth’s second son.5 min read
Countries and companies are on the line for bold action to curb greenhouse-gas emissions, but political and economic hurdles are making that harder.96 min read
Life & Work
Once a punchline, men’s cross-body bags by brands like Gucci and Off-White have emerged as must-have status accessories, eliminating back-pocket bulges and any outdated stigma in convenient, hands-free ways.366 min read
Forget the utilitarian packaging and low-to-middling quality of decades past. Store brands have gone upmarket.215 min read
The Omicron strain’s milder symptoms prompt many employees to keep working from home—even if it means coughing through Zoom calls. “If I can work, I’ll work.”576 min read
Everyday revolutionaries in 1776, the terrible aftermath of the Third Reich, wealth meets witchcraft in an alternate-reality London and much more.2 min read
Video
3G Is Shutting Down. I Brought My iPhone 4 Back to Life to Say Goodbye.
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Hospitals Near ‘Breaking Point’ Amid Covid-19-Related Staff Shortages
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Starbucks Rewards: How the Coffee Giant’s Mobile App Became a Winner
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